August 20, 2019

Deep River Voters to Consider $550,000 Aerial Ladder Fire Truck Purchase at July 24 Town Meeting

DEEP RIVER-— Voters at a July 24 town meeting will consider a proposed $550,000 appropriation to purchase a reconditioned aerial ladder fire truck for the Deep River volunteer Fire Department. The town meeting convenes at 7 p.m. in town hall.

The proposed appropriation and purchase was approved on June 26 by the board of selectmen and board of finance based on a request from the volunteer fire department. The aerial ladder truck, while previously used, is newer than an existing ladder truck the fire department is expected to attempt to resell.

The truck will be purchased under a five-year lease-purchase arrangement with Sun Trust Leasing Corporation. The annual payment from the town will be $118,000 year, with the interest rate for the five-year agreement fixed at 2.25 per cent per year. The town has used similar lease-purchase agreements previously to purchase fire trucks and other heavy equipment.

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